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Suppose you just bought a 11-year annuity of $16,100 per year at the current interest rate of 12.75 percent per year. What is the value
Suppose you just bought a 11-year annuity of $16,100 per year at the current interest rate of 12.75 percent per year. What is the value of the investment at the current interest rate of 12.75 percent?
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